Truist Financial Corp Acquires 80,077 Shares of JPMorgan Income ETF $JPIE

Truist Financial Corp grew its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 10.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 835,817 shares of the company’s stock after acquiring an additional 80,077 shares during the period. Truist Financial Corp’s holdings in JPMorgan Income ETF were worth $38,690,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Imprint Wealth LLC bought a new position in JPMorgan Income ETF in the third quarter worth approximately $33,000. ESL Trust Services LLC bought a new position in JPMorgan Income ETF in the third quarter worth approximately $35,000. Central Pacific Bank Trust Division bought a new position in JPMorgan Income ETF in the fourth quarter worth approximately $35,000. Wilmington Savings Fund Society FSB raised its position in JPMorgan Income ETF by 95.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock worth $41,000 after acquiring an additional 429 shares during the period. Finally, GGM Financials LLC bought a new position in JPMorgan Income ETF in the third quarter worth approximately $43,000.

JPMorgan Income ETF Trading Up 0.1%

JPIE opened at $45.97 on Wednesday. The firm’s 50 day simple moving average is $46.14 and its two-hundred day simple moving average is $46.29. JPMorgan Income ETF has a 1-year low of $45.68 and a 1-year high of $46.61.

JPMorgan Income ETF Profile

The JPMorgan Income ETF (JPIE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund that allocates exposure among various fixed income markets and sectors. The fund seeks to provide yield with lower volatility and aims to generate monthly distributions. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.